- Loan Amount: $650,000
- Property Type: Multi Family
- Originator: Shawn Harris
- Location: Fallbrook, CA
In this transaction we were able to facilitate the refinance of a small multi-family property in the tertiary market of Fallbrook, CA. We were able to allow for a modest amount of cash out.
LTV: 54% Term: 10 Year Fixed Loan Amortized over 30 years Rate: 5.65% Prepay: 5,4,3,2,1San Diego Commercial & Business Financing is proud to present the funding of this small multi-family property in Fallbrook. Property had substantial deferred maintenance. We were able to fund this loan by creating a maintenance plan approved by both the client and the lender. The transaction was funded by Sr. Vice President Shawn Harris.